Fired AIMCo chair disputes Alberta’s narrative on costs in letter to Horner
The former interim chair of Alberta Investment Management Corp. has written a letter to the Alberta cabinet minister who ...
Hosted on MSN2hOpinion
Opinion: AIMCo’s political makeover centralizes premier's power over pensions
Last Thursday, many Albertans were shaken to learn about Finance Minister Nate Horner’s surprise dismissal of the directors ...
Alberta government fires AIMCo board, four top executives, in 'reset' for pension fund manager
The province says the move comes "after years of AIMCo consistently failing to meet its mandated benchmark returns." For now, ...
Institutional Investor3d
Justification for Alberta’s Ousting of AIMCo’s Board and CEO Called Into Question
Government cites rising costs and poor returns for the leadership purge, but Keith Ambachtsheer disputes this.
Alberta owes its public pensioners real answers for sacking AIMCo board and CEO
Given that the future of $169-billion of Albertans’ pension and endowment savings are at stake, the province’s attack on ...
Calgary Herald on MSN8d
'A major reset': Alberta government dismisses AIMCo board and CEO, citing underperformance
The Alberta government on Thursday dismissed the CEO and board at the Alberta Investment Management Corporation (AIMCo), ...
Calgary Herald7d
AIMCo upheaval resurrects questions over future of proposed Alberta pension plan
The Alberta government on Thursday dismissed the $169-billion public pension fund’s 11-person board, its CEO and three ...
Pensions&Investments8d
Alberta government terminates AIMCo board over underperformance, rising costs
The provincial government of Alberta, Canada, has terminated the entire board of the C$168.9 billion ($124.5 billion) Alberta ...
Financial Post8d
AIMCo expansion, Alberta's investment focus were sources of tension before purge, sources say
The decision by Alberta Investment Management Corp. (AIMCo) to launch operations abroad as it chased higher returns and the extent to which the investment manager should invest in Alberta were sources ...
Pensions&Investments3d
Former Canadian Prime Minister Stephen Harper may be named AIMCo chair
The government of Alberta is considering installing former Canadian Prime Minister Stephen J. Harper as board chair of the ...
Winnipeg Free Press8d
Alberta government fires AIMCo board, citing rising costs and poor performance
EDMONTON – Alberta’s finance minister has sacked the chief executive officer and entire board of directors of Alberta ...
Financial Post9d
Alberta fires entire AIMCo board, relieves CEO of duties, due to 'significant' cost increases
The Alberta government has jettisoned the entire board of Alberta Investment Management Corp. (AIMCo), as well as CEO Evan Siddall, saying the investment manager of pensions, government and endowment ...